Real Goods Solar recently celebrated the completion of a 417 kW system for Richmond Village, an affordable housing community in the San Francisco Bay area. The company will participate in an official ribbon-cutting ceremony on March 4th. So far, Real goods Solar has designed and installed 790 kW worth of solar installations for affordable housing communities in the area.
In a press release, John Schaeffer, Founder and President of Real Goods Solar, commented on the … Read the rest
Yingli Green Energy just announced the signing of a 3 year framework agreement with German solar integrator Gehrlicher Solar AG. Per the agreement, Yingli will supply 285MW worth of PV modules to Gerlicher for the next 3 years, until 2012. The modules will be used in installations across various European markets.
In a press release, Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy, commented on the agreement:
“We are pleased to … Read the rest
Constellation Energy (CEG) announced today that it will commit $90 million to the development of commercial solar projects. In order to capitalize on the benefits of government funding Constellation will only fund project that begin before mid 2010 and are at least 500kW. About $18 million in funds have been committed to projects that will begin development soon in Maryland and New Jersey.
Michael Smith, VP of Green Initiatives For CEG, said, “Constellation Energy’s … Read the rest
Hoku just announced that effective March 31, Dustin Shindo will step down as Hoku chairman, president and CEO, although he will continue to serve the company in advisory position as a consultant. Shindo advised that he was stepping down for “personal reasons.”
Mr. Wei Xia, a member of Hoku’s board of directors and vice general manager of Baoding Tianwei Group, will be taking over the role of chairman of the board. Scott Paul, Hoku’s chief … Read the rest
LDK Solar just announced that they have signed a supply contract with Oneworld Energy’s subsidiary COU Solar. Per the contract, LDK will deliver around 30 MW of solar modules to COU this year.
In a press release, Xiaofeng Peng, Chairman and CEO of LDK Solar, stated that “We are very excited to expand our relationship with COU/Oneworld. This relationship will allow LDK Solar to take advantage of the wealth of solar opportunities that COU/Oneworld … Read the rest
FPL Group (FPL), the largest producer of solar and wind power in the US, got a Wells Fargo upgrade today from Market Perform to Outperform. Hat tip to StreetInsider.com for the following analyst comment:
“We believe shares deserve a premium valuation given a comparatively strong EPS growth and credit profile and below average earnings variability due to lower commodity price sensitivity…We project 5-year annual EPS growth of 7-8% (off a 2008 ongoing EPS base of … Read the rest
Sunpower just announced that it will be partnering with Etrion to build 4 solar power plants in southern Italy. Altogether, the plants will provide 4MW of solar energy. Sunpower will handle design, construction, operations and maintenance on the plants, which will use its “Tracker” technology.
The companies plan to break ground on the new construction by the end of November, and the plants should be up and running by late 2010.
In a press release,… Read the rest
First Solar just announced that it has purchased a planned 115 MW solar energy project, the Carrizo Energy Solar Farm, from Ausra. According to the New York Times, First Solar doesn’t plan to build the project, but instead will use the land to change the layout of its nearby Topaz project, making it more wildlife friendly and increasing the chances that it will be approved.
The financial terms of the deal were not disclosed, but … Read the rest
Suntech just announced the closure of a 115 MW deal with EnXco, a unit of EDF Energies Nouvelles. The solar modules will be delivered next year 2010), and the partnership may be expanded in the future.
EnXco is expected to use the modules in installations in the US and Canada. In a press release SunTech’s chief strategic officer Steven Chan explained that “continuously leading solar innovations and delivering the most cost effective solutions are key … Read the rest
Ascent Solar just announced the release of a new product line called FlexPower TM. The Flexpower line is exciting because it has the best power-to-weight ratio in the industry and has the highest power density of any flexible solar module.
Flexpower comes in 3 flavors: Light, for the Building Integrated Photovoltaic (BIPV) market, Mobile, for charging electronic devices and Extreme for the military and defense. The product line was unveiled at Solar Power International.
In … Read the rest